National Association of Home Builders Discusses Economics and Housing Policy

New Survey Shows Housing Remains a National Priority

NAHB recently commissioned a large national poll to gauge likely-voters’ attitudes toward housing and housing policy issues. Countering recent claims that housing, and homeownership in particular, has fallen out of favor with the American public, the poll results indicate that homeownership and housing choice should remain national priorities.

75 percent of voters say owning the home is the best long-term investment they can make

73 percent of voters who do not own a home aspire to become a homeowner in the future

95 percent of homeowners say they are happy with their decision to own a home

73 percent of voters believe it is appropriate and reasonable for the federal government to provide tax incentives to encourage homeownership

The poll, conducted by a bipartisan teaming of Public Opinion Strategies and Lake Research Partners, involved surveying 2,000 likely voters (a large sample compared to the typical presidential preference poll of 800 to 1,500 respondents). The margin of error for the poll was +/- 2.19% (compared to the typical +/- 3.5%). By these measures, the poll’s findings are robust.

On particular policy issues, the poll reveals strong support for the mortgage interest deduction (MID). Even proposals that only involved targeted curtailments generated majorities in opposition.

The poll also indicated clear bipartisan opposition to weakening of the present law MID rules.